$PEPE
PEPE/USDT - Short-Term Trade Signal (4h Chart Based)
Action: Buy
Entry Zone: 0.00000860 – 0.00000880
Take Profit Targets:
• TP1: 0.00000900
• TP2: 0.00000920
• TP3: 0.00000950
Stop Loss: 0.00000845
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Technical Analysis:
• Support Zone: Strong demand observed between 0.00000855–0.00000865.
• Resistance Levels: 0.00000900 and 0.00000920 show selling pressure.
• MACD: Turning bullish on lower timeframes.
• RSI: Near 40-45, indicating potential reversal from oversold territory.
• Price Action: Price is consolidating above the 4h 50 EMA. Reversal possible if it holds above 0.00000860.
Trade Strategy & Risk Management:
• Risk/reward ratio: 1:2.
• Use small position size if volatility increases.
• Consider trailing stop above TP1 if price gains momentum.
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